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Book Details
Abstract
With its clear and accessible style and its combination of theory and applications, European Economic Integration will enable students to understand the European Community and place it in economic and historic context. The book focuses principally on the economic dimension of the EU, but places this firmly within the context of the surrounding political debates.
Much has changed in the European Union since the publication of the third edition with the successful launch of the Euro and the accession of ten new member states. The 4th edition has been comprehensively revised to reflect these changes, providing up-to-date-coverage of the most important issues facing European economies in the 21st Century.
Assuming only an introductory knowledge of economics and with its comprehensive coverage of EU economic policies, European Economic Integration is ideally suited to all students taking courses on the economics of the EU as part of an economics, business studies or inter-disciplinary European studies degree.
Table of Contents
| Section Title | Page | Action | Price |
|---|---|---|---|
| Cover | Cover | ||
| European Economic Integration | iii | ||
| Detailed contents | vii | ||
| Contributors | xiii | ||
| Preface to the fourth edition | xv | ||
| Acknowledgements | xvi | ||
| Abbreviations | xviii | ||
| The origins and development of the European Union | 1 | ||
| Introduction | 1 | ||
| What is the European Union? | 2 | ||
| The European Unity movement | 3 | ||
| The origins of the European Union | 5 | ||
| The development of the European Union | 8 | ||
| The institutional structure of the European Union | 15 | ||
| The main challenges facing the European Union | 23 | ||
| Democratic deficit | 29 | ||
| Political union | 30 | ||
| Conclusion | 35 | ||
| References | 35 | ||
| Further reading | 36 | ||
| The foundations of the european union | 37 | ||
| Market integration in the European Union | 39 | ||
| Introduction | 39 | ||
| Defining economic integration | 39 | ||
| Types of single markets | 41 | ||
| Transaction costs and single markets | 43 | ||
| Customs union | 47 | ||
| The Single European Market | 48 | ||
| The economic effects of establishing free movement | 50 | ||
| Problems with empirical studies | 60 | ||
| Empirical studies | 62 | ||
| The 1996 Review of the Single European Market programme | 65 | ||
| Evidence on the effects of the SEM since the 1996 Review | 68 | ||
| Plans to improve the effectiveness of the SEM | 70 | ||
| Conclusion | 71 | ||
| References | 71 | ||
| Macroeconomic policy coordination | 75 | ||
| Introduction | 75 | ||
| Policy interdependence between member states | 76 | ||
| The case for policy coordination | 78 | ||
| Monetary policy coordination through managed exchange rates | 81 | ||
| EU macroeconomic policy coordination since 1979 | 84 | ||
| Conclusion | 96 | ||
| References | 96 | ||
| Economic and monetary union | 99 | ||
| Introduction | 99 | ||
| What is EMU? | 99 | ||
| The Maastricht Treaty and the road to EMU | 100 | ||
| The theoretical benefits and costs of EMU | 105 | ||
| The performance of the euro since 1999 | 113 | ||
| Conclusion | 121 | ||
| References | 122 | ||
| The budget of the European Union | 125 | ||
| Introduction | 125 | ||
| The budget: main concepts, structure and principles | 127 | ||
| The revenue side: where the money comes from | 130 | ||
| The expenditure side: how the money is spent | 132 | ||
| Budgetary imbalances: the UK rebate | 134 | ||
| The budgetary procedure: budget implementation and control | 136 | ||
| The budget and enlargement | 139 | ||
| Conclusion | 141 | ||
| References | 142 | ||
| Further reading | 143 | ||
| End notes | 143 | ||
| The internal policies of theeuropean union | 145 | ||
| Competition policy in the European Union | 147 | ||
| Introduction | 147 | ||
| An economic rationale for intervention | 147 | ||
| Alternative policy approaches | 154 | ||
| European Union competition policy | 156 | ||
| The relationship between EU and UK competition policy | 170 | ||
| Conclusion | 171 | ||
| References | 171 | ||
| Industrial policy in the European Union | 174 | ||
| Introduction | 174 | ||
| Rationale for industrial policy | 174 | ||
| Types of industrial policy | 179 | ||
| Industrial policy in the treaties | 179 | ||
| Competitiveness and EU industrial policy | 183 | ||
| Policies to promote favoured sectors | 188 | ||
| Policies to promote innovation | 189 | ||
| Conclusion | 190 | ||
| References | 191 | ||
| Social policy | 193 | ||
| Introduction | 193 | ||
| The European labour market | 193 | ||
| The Treaty of Rome | 196 | ||
| The Single European Market | 199 | ||
| Social cohesion | 203 | ||
| Community policy | 211 | ||
| Conclusion | 223 | ||
| References | 225 | ||
| Further reading | 226 | ||
| Regional policy | 227 | ||
| Introduction | 227 | ||
| Regional economic disparities within the EU | 228 | ||
| Economic theories of regional disparities | 234 | ||
| Possible rationales for regional policy | 235 | ||
| The development of European regional policy | 239 | ||
| Principles of European regional policy | 241 | ||
| The spatial and functional allocation of Structural Funds support | 247 | ||
| EU regional policy and enlargement | 249 | ||
| Evaluating EU regional policy | 250 | ||
| Conclusion | 251 | ||
| References | 251 | ||
| Further reading | 253 | ||
| Environmental policy | 254 | ||
| Introduction | 254 | ||
| The need for an EU environment policy | 254 | ||
| The development of the Community’s environment policy | 258 | ||
| Examples of EU environmental legislation | 260 | ||
| Assessment | 263 | ||
| The implementation deficit | 264 | ||
| Conclusion | 266 | ||
| References | 267 | ||
| Further reading | 267 | ||
| Transport policy | 269 | ||
| Introduction | 269 | ||
| The development of transport policy | 270 | ||
| Infrastructure | 272 | ||
| The railways | 276 | ||
| Combined transport | 282 | ||
| Road haulage | 283 | ||
| Inland waterways | 286 | ||
| Aviation | 286 | ||
| Maritime transport | 295 | ||
| Conclusion | 300 | ||
| References | 300 | ||
| Further reading | 301 | ||
| The Common Agricultural Policy | 302 | ||
| Introduction | 302 | ||
| The Common Agricultural Policy: background and price support system | 303 | ||
| Why were reforms necessary? | 307 | ||
| Pre-1992 reforms | 310 | ||
| The MacSharry reforms | 312 | ||
| The Agenda 2000 agreement | 314 | ||
| Mid-term review of Agenda 2000 | 316 | ||
| The reformed CAP and the Doha Development Agenda | 319 | ||
| Conclusion | 322 | ||
| References | 323 | ||
| Further reading | 324 | ||
| The external policies of theeuropean union | 325 | ||
| External trade policy | 327 | ||
| Introduction | 327 | ||
| The EU as a trade power | 328 | ||
| The objectives and mechanisms of EU trade policy | 329 | ||
| Commercial defence measures | 330 | ||
| Fighting unfair restrictions | 332 | ||
| Conclusion | 334 | ||
| References | 335 | ||
| Further reading | 336 | ||
| The European Union and Central and Eastern Europe | 337 | ||
| Introduction | 337 | ||
| The legacy of communism | 337 | ||
| The agenda for reforms | 339 | ||
| Early difficulties | 340 | ||
| The challenges of marketisation | 341 | ||
| Problems with privatisation | 342 | ||
| Extending EU membership | 346 | ||
| The EU and Russia | 350 | ||
| Conclusion | 351 | ||
| References | 351 | ||
| Further reading | 352 | ||
| The European Union and the Developing World | 353 | ||
| Introduction | 353 | ||
| Trade preferences | 354 | ||
| The single market | 357 | ||
| The pattern of trade | 359 | ||
| Causes of failure | 363 | ||
| Future prospects | 366 | ||
| Aid | 368 | ||
| Lomé | 369 | ||
| Private investment | 375 | ||
| Immigration | 377 | ||
| Conclusion | 377 | ||
| References | 379 | ||
| Further reading | 380 | ||
| Economic relations with the Triad and emerging economies | 381 | ||
| Introduction | 381 | ||
| The Triad | 382 | ||
| Conflict and cooperation with the Triad | 383 | ||
| Trading relations with the USA | 387 | ||
| Trading relations with Japan | 389 | ||
| Trading relations with the NICs and China | 392 | ||
| Cooperation with major trading partners | 393 | ||
| Prospects for future relations | 401 | ||
| References | 402 | ||
| Index | 404 |